However, though they are convenient for accessing your funds on the go, software wallets are more vulnerable to hacking and malware attacks compared to hardware wallets. The appeal of meme coins lies in their light-hearted and fun nature, catering to a wide audience, especially younger retail traders. Additionally, the low cost of entry and potential for substantial gains make meme coins attractive to many, despite their high volatility and speculative nature. To purchase Pepe, you must have an account on a crypto exchange that lists Pepe.
- That being said, there is too much momentum in the crypto space to expect a drawback anytime soon.
- Some exchanges like Binance, Bybit, Kraken, MEXC, and Coinbase offer PEPE for trading.
- Despite having no official connection to the meme’s creator, the token capitalized on the enormous popularity of the Pepe the Frog meme for its gain.
Many saw Pepe as a promising prospect, believing it could be their ticket to crypto wealth. Almost $18 billion is flowing through the meme coin market every day and with the Bitcoin halving still to come many market experts believe we still have some way to go. A crypto investor turned a mere 0.125 ETH 9 places you can spend bitcoin in the uk investment (around $250) into $1 million by acquiring 5.9 trillion PEPE tokens. But it’s important to note that selling many such tokens at their peak value could be difficult due to $PEPE’s relatively low liquidity. Pepe Coin is a fast-growing and well-known meme coin built on Ethereum’s blockchain.
The PEPE coin is an Ethereum-based deflationary memecoin that draws inspiration from the Pepe the Frog Internet meme. Pepe coin’s green-colored, frog-based logo and canada approves breakthrough bitcoin exchange fund theme were like a breath of fresh air among all the dog-based meme coins. It even entered the top meme coins list within no time after its launch in April 2024.
Hardware Wallets
The security measures of the exchange platform and your personal security protocols work together to protect your assets. PEPE coin’s meteoric rise has given crypto investors a reason to keep tracking it and dabbling in the token. Depending on the exchange, you’ll be able to deposit fiat currency (USD, EUR) or cryptocurrencies like Bitcoin or Ethereum directly into your account. In less than a year, Pepe has already become a staple in the highly successful meme coin narrative. Within months, it registered price increases of over 15,000% and overtook popular dog coins like DOGE and Shiba Inu in gains.
Then, enter the fiat amount you would want to spend or enter the number of PEPE coins you want to buy and click the Buy button to exchange your funds for PEPE. Popular account funding methods in Canada include Interac e-Transfer, Bill Payment, Debit/credit cards, Electronics Funds Transfer, ACH transfer, and crypto deposits from an external wallet. Once your crypto wallet is set up, deposit CAD or USD using any of the supported funding methods. Ali is a professional journalist with experience in Web3 journalism and marketing. Ali holds a Master’s degree in Finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of leading cryptocurrency publications including Capital.com, CryptoSlate, Securities.io, Business2Community, BeinCrypto, and more.
This largely depends on your risk tolerance and your financial goals. If you’re okay risking a certain amount of money with the chance to have it 10x or 100x, then the answer could be “yes”. But if you’re looking for a lower risk crypto investment, then buying Bitcoin is probably the better bet. Knowing your risk appetite and staying up-to-date with market shifts are key to all investments. But to navigate the crypto landscape with over 26,000 cryptos, staying ahead of the curve requires staying informed about new high-potential cryptos. However, investing in $PEPE carries the usual crypto risks, mainly price swings and speculative behavior.
How can I purchase Pepe Coin via Trust Wallet?
Most exchanges require you to provide an email address, password and some form of identification to create an account and verify your identity. The price of Pepe (PEPE) is calculated in real-time by aggregating the latest data across 56 exchanges and 84 markets, using a global volume-weighted average formula. Past performance is not a guarantee or predictor of future performance. The value of crypto assets can increase or decrease, and you could lose all or a substantial amount of your purchase price. When assessing a crypto asset, it’s essential for you to do your research and due diligence to make the best possible judgement, as any purchases shall be your sole responsibility. The team also states that it has “no devs, just community,” meaning the goal of Pepe Coin is not a technological breakthrough, but as a meme community project in the crypto space.
We have been featured in prominent finance media, including Forbes, Globe and Mail, Business Insider, CBC, MSN, Wealthsimple, and TD Direct Investing. Access over 40 popular coins and altcoins and staking to earn interest. Some of the best places to purchase PEPE crypto in Canada include VirgoCX, Newton, Crypto.com, and Kraken. So before you make a PEPE coin investment, make sure you understand its unique risks and only invest what you can afford to lose.
To sustain its growth, Pepe Coin needs value beyond just speculation. Its compatibility with the Ethereum blockchain, thanks to the ERC-20 token standard, offers hope. Unlike Dogecoin, which took nearly four years to reach a $1 billion market payment gateway development cap, $PEPE hit this milestone in just three weeks. Although its value swings dramatically, the number of $PEPE holders has risen over the past months. It also offers a wide variety of PEPE-fiat and PEPE-crypto pairs to choose from.
Pepe Coin, also known as PEPE, embodies the quintessence of meme culture in cryptocurrency form. The trading volume of Pepe (PEPE) is $649,548,873.03 in the last 24 hours, representing a -27.20% decrease from one day ago and signalling a recent fall in market activity. This came just as the crypto market appeared to be turning bullish again. While the official Pepe Coin website says that the token has no intrinsic value or expectation of financial return, the number of holders continues to be impressive.
To do so, you must create an account, complete KYC, and choose your purchase method. You can buy Pepe directly with a credit or debit card or purchase a stablecoin first to exchange it for Pepe. Once you’ve purchased Pepe Coin, decide whether to keep it in your private crypto wallet or on MEXC. You can trade it for other cryptos or use it as a collateral to borrow funds against it.
If Pepe Coin is available on these platforms, one can register, fulfill the necessary KYC requirements, deposit funds, and purchase Pepe Coin accordingly. Coinbase is the next best crypto exchange platform when it comes to serving millions of investors across the globe and handling around $2 billion worth of transactions on a daily basis. But, when it comes to buying PEPE, neither Coinbase nor Coinbase Pro platforms help you, except for Coinbase wallet. You can buy PEPE coins on reputable exchanges such as Gemini, Coinbase and OKX.
Is it possible to acquire Pepe Coin on Binance, and if so, how?
Compared to more well-known cryptocurrencies like Bitcoin and Ethereum, the PEPE coin is not widely supported. The process involved in buying PEPE is similar to buying other cryptocurrencies. Pepe Coin, named after the iconic meme character, is a cryptocurrency that emerged in April 2023, riding the coattails of internet culture’s fascination with the green frog. Created as a decentralised token on the Binance Smart Chain, Pepe Coin aims to infuse the digital asset world with the irreverent spirit of its namesake. As of the time this article was written, Pepe Coin is not listed on Coinbase.
Step 3: Find PEPE/USDT Pair
Pepe’s performance on the price chart has been solely dependent on the performance of the market and the sentiments of the crypto community. PEPE is not a young cryptocurrency anymore – especially for a memecoin. Now that it has been a few months since it has been out, its price has shown a lot of volatility for us to judge how it performs.
Both Ledger hardware wallets support safe offline private key storage and crucial security features like seed phrase backup and PIN code protection. These security features ensure that your crypto assets remain safe from online threats such as hacking and phishing attacks. Software wallets, also known as hot wallets, are applications or software programs that store your cryptocurrency keys on internet-connected devices such as computers, smartphones or tablets.
PEPE coins will be credited to your exchange account after the trade. For security, withdraw PEPE coins to a hardware wallet like Ledger or a software wallet like ZenGo. Go to the exchange’s withdrawal area, enter your wallet address and withdraw. Consider factors like reputation, security and number of trading pairs when considering how to buy PEPE coin.